Newly renovated 1bedroom, 1. 5 bath condominium in a newly formed association. This generous 834 sq. ft. ground-level condo includes an office/bonus room, offering a flexible space for your lifestyle needs. Enjoy your exclusive-use garden patio, over 350 sf. ft. of outdoor living space perfect for grilling, entertaining, or enjoying breezes, sunshine, and starry nights; like having another living room under the sky. Inside, high-end finishes and rich wood floors enhance the spacious feel. The modern kitchen has brand-new appliances including a gas range, dishwasher, and refrigerator. Washer/dryer. Efficient mini-splits for both A/C and heat and additional forced hot water baseboard heat ensure comfort in every season. With 1 dedicated on-site parking space and just 1/3 of a mile from Town Pier, choose to commute by car or by ferry. The HOA consists of 6 units across 3 buildings, surrounding a lush green ''quad'' with relaxing sitting area. A perfect blend of community and privacy. Pets for owners and weekly rentals allowed. Situated in a central yet quiet location, this home checks all the boxes for a getaway or year-round residence.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,079,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.740.5922
Frank.Merola@raveis.com
NMLS Mortgage Loan Originator ID 1020051
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $863,200 | $863,200 | $863,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,834 | $5,315 | $7,168 |
Total Monthly Payment | $4,959 | $5,440 | $7,293 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.